Nexford return on investment: affordable tuition and quality education
Nexford is less expensive than other universities and learners can graduate faster than the average
Quality online education, at a price you can afford. It shouldn’t be impossible! And at Nexford it’s not. In 2018, Nexford was born online with a mission to make education accessible and affordable.
Figures from a US News & World Report show that the average cost of tuition and fees for the 2018–2019 academic year was $35,676 at private colleges, $9,716 for state residents at public colleges, and $21,629 for out-of-state students at state schools. As these figures continue to grow, it pushes a student loan debt crisis closer to the brink, and further burdens younger generations who already face catastrophic economic prospects.
Compare this tuition with what you’d pay for a BBA program at Nexford and you’d be looking at somewhere between $960-1,440 per year. With the average completion time at around 36 months, our learners pay up to $4,320.
Not only is Nexford less expensive than other American universities, but learners tend to graduate faster, with MBA programs taking as little as 12 months.
Nexford offers tuition at a flat rate, and you can pay as you go, month by month, and cancel any time. If you need a break, take one. Suspend your payments and come back to your degree when you’re ready. Our model of competency-based education allows learners to progress at an accelerated rate once they’ve mastered the material.
Return on investment
If you’re wondering whether online is as good as offline education, Nexford’s 2019 internal annual survey results show that 92% of Nexford learners would recommend it to their friends or colleagues. Moreover, 95% of Nexford learners achieved their goals.
Peregrine, a global accreditation organization, has data that compares the performance of graduates from online and offline universities. Since its inception, the company has administered 1.5 million exams to graduates worldwide. Olin Oedekoven, CEO of Peregrine, said at a Nexford webinar in May 2020: “Online students outperformed campus-based students in all 17 subjects we tested at Master’s level. The Bachelors was a bit tighter: in 15 subjects the online students outperformed their counterparts. My conclusion is that online is just as good, if not better, than a traditional university.”
Critical thinking and decision-making is a modern job skill known to make a difference to recruiters. Sixty percent of hiring managers believe candidates lack critical thinking and problem-solving skills, according to PayScale. Nexford’s 2019 internal annual survey results reveal that 95% of learners have been encouraged to think critically, adding ROI to their roster of job skills.
By keeping our tuition low, preparing graduates for jobs in high-demand fields, our programs help prepare people for the global workplace, without financial burden. Nexford is the most affordable American university in the world. We’re not ordinary.
About the Author
Anna Johnston is an award-winning Head of Content, who tells galvanizing stories with a creative team at Nexford.
Anna was the overall Award 2020 winner for the business case: Satya Nadella at Microsoft: Instilling a Growth Mindset, with Professor Herminia Ibarra and Aneeta Rattan. She is formerly a writer at London Business School, consistently ranked among the world’s best its MBA.
Anna’s work has been published in Forbes, Thomson Reuters, Huffington Post, HR Magazine, the Financial Times, and thought-leading firms such as Accenture and McKinsey & Company.
Anna is a speaker, coach, and presenter. More information about her can be found on LinkedIn.